Course Description:

This course is funded by NASPO.

Type: self-paced, online

Description: This Procurement U microlearning discusses the importance of price indexes within the broader practice of price analysis. The course provides examples of price indexes and illustrates how they can be used to calculate price estimates with greater accuracy.

Course Technology Requirements: 

• Internet connection
• Support web browsers:
  • Recommended: Chrome, Firefox, Safari (latest versions)
  • If prompted, accept all cookies and allow popups
• Access to Procurement U LMS
• Ability to play and listen to audio through computer speakers or headphones

Suggested Audience: Procurement professionals looking to gain a better understanding of how persuasion differs from negotiation, and influence others to change or take action.

Contact Hours: This course offers 15 minutes (.25 Contact Hours) for continuing education credit. 

Course Syllabus

Universal Public Procurement Certification Council (UPPCC) Certification Alignment:

Certified Professional Public Buyer (CPPB)

• Domain II: Procurement Life Cycle: Pre-Solicitation Planning

o Competency B: Conduct applicable analyses to determine the appropriate procurement process (e.g., financial impact, market research, sourcing, spend)

Certified Public Procurement Officer (CPPO)

• Domain III: Strategic Procurement Planning

o Competency B: Conduct analyses to support strategic procurement activities (e.g., benchmarking, financial impact, procure-to-pay cycle, market research, sourcing, spend, standardization, value)